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EV RESOURCES LTD Capital/Financing Update 2023

Feb 26, 2023

64887_rns_2023-02-26_902843eb-f368-49d1-9b3b-3ec510572c65.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

27[th] February 2023

Tungsten Assays up to 15.9% W at the Christina Tungsten-Tin project

Highlights:

  • A substantial mapping and sampling campaign at Christina has concluded with the balance 339 samples analysed.

  • A 2,500m diamond drilling campaign has been planned to test down-dip extensions of mineralised quartz veins and interpreted structural trap sites.

  • Assay results from sampling include Tungsten (W) values up to 15.9% and Tin (Sn) up to 1.41%. Best results include:

  • Sample ZX23 7.60% W

  • Sample ZX305 15.90% W

  • o Sample ZX424 3.49% W o Sample ZX425 15.90% W o Sample ZX426 3.65% W o Sample ZX428 14.70% W o Sample ZX/G13 4.59% W

  • Mapping reveals a 1–3km wide, NW-SE trending zone of mineralised E-W striking quartz veins and micro vein swarms that extend for 8km from the northern boundary to the southern end of the concessions.

  • Quartz vein density and assay results for W and Sn are highest in the central portion of the concessions and will be the target for most of the planned initial drilling.

  • A Mining Licence has been issued over part of the 48km[2] project area, with final environmental permits imminent.

EV Resources Limited (“ EVR ”, or “ the Company ”) is pleased to report an update on the analytical results from a further 339 rock samples collected within the framework of a comprehensive sampling programme at the Christina Tin-Tungsten Project in Morocco, from locations on surface and underground.

A total of 439 samples have been collected from centimetre to metre-thick quartz veins, (some samples with visible wolframite and scheelite mineralisation), from millimetre to centimetrethick micro veins, and from the hosting two-mica granite in the immediate vicinity of the veins. Numerous veins from the most prospective segments of the concessions were mapped, surveyed and characterised.

Results from 100 of the 439 samples were reported on 17 November 2022 (refer ASX release “Further High Grade Results at the Christina Tin-Tungsten Project”) with the remaining 339 sample results reported in this announcement.

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

==> picture [480 x 314] intentionally omitted <==

Figure 1: Christina Project location, sample positions, tungsten assays, quartz veining

==> picture [455 x 298] intentionally omitted <==

Figure 2: Christina Project location, sample positions, tin assays, quartz veining

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Geological Report

The Christina Tin (Sn) and Tungsten (W) grassroots exploration project is located approximately 120km east of Casablanca, Morocco. EVR has secured an option for a large area of 48 square kilometres under licence, a proportion of which has been converted to a Mining Licence.

The project area has seen sporadic mining during the 1930’s through to the early 1980’s, from a few nearly vertical shafts to 120m below surface and from at least three horizontal adits with lengths of up to 150m. Ore was hand-sorted and no plant was ever in operation. There has been no modern exploration undertaken within the concessions.

The deposit is located in the southern part of the Hercynian granitic Zaer intrusive complex. Mineralisation is associated with a coarse-grained two-mica granite, frequently greisenised and showing potassic alteration, and hosting a locally high density of quartzose micro veins.

Mapping of structure and geology initially focused on the better-known central areas of the concessions (see Figure 1), where most of the historical mining and extraction had occurred. Mapping and sampling activities were subsequently extended to the north and south, and in the process outlining multiple mineralised veins that apparently had previously never been explored or mined.

Mapping has demonstrated a NW-SE trending, 1 to 3 kilometre wide corridor of approximately E-W striking quartz veins and micro veins that are frequently mineralised. There are very few veins striking in directions other than E-W. The SW part of the concessions is underlain by biotite granite that appears to have less prospectivity for mineralisation. The north-eastern and eastern parts of the concessions, although underlain by the highly prospective two-mica granite, were not investigated at this stage due to agricultural cover.

Analytical Results

Table 1 shows a compilation of assays of Tungsten and Tin elements in all 439 samples collected during the entire mapping and sampling programme. Sample numbers, descriptions and coordinates for the latest batch of 339 samples are highlighted in light blue.

Tungsten (W) :

Of the 339 samples collected from quartz veins at the Christina Project, 22 recorded values in

For the 439 samples collected in total during the programme, 36 samples recorded values >1% W (including four samples exceeding the upper XRF detection limit of 15.9% W), plus another 51 samples with values ranging between 0.1 to 1% W. The average value for all 439 samples calculates at 0.45% W, including barren granite samples.

Tin (Sn) :

Of the 339 new samples, 6 recorded values >0.5% Sn, with a maximum of 1.4% Sn, while another 23 samples recorded values in a range of 0.1 to 0.5% Sn.

For the 439 samples collected in total, six samples recorded >0.5% Sn, and 37 values >0.1 to 0.5% Sn. The averaged value for all 439 samples calculates at 0.04% Sn, including barren granite samples.

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Next Steps

A reconnaissance-style diamond exploration programme of approximately 2,500 metres has been designed to test down-dip extensions of mineralised quartz veins, and to drill into interpreted structural traps potentially hosting mineralisation.

Under EVR’s agreement to acquire the Christine Project, EVR holds the right to exercise its option to acquire 60% of Skiait Mining, the 100% owner of Sokhret Allal Tin-Tungsten ‘Christina’ Project. (See ASX Announcement dated 26[th] May 2022 “ EVR to Acquire Christina Tin - Tungsten Project in Morocco ”).

The Company has been advised that the final environmental permit for the Mining Licence is imminent. Drilling will commence as soon as possible after that permit is received.

Upcoming News

It is anticipated that the following activities will take place on the Christina Project over the next few months, subject to changes or delays which may be out of the Company’s control.

  • March 2023 – Grant of environmental permit

  • April 2023 – Commencement of drilling

ENDS

For further information, please contact:

Luke Martino Adrian Paul Non-Executive Chairman Executive Director Tel: +61 8 6489 0600 Tel: +61 8 6489 0600 E: [email protected] E: [email protected]

This ASX announcement was authorised for release by the Board of EV Resources Limited.

Forward Looking Statement

Forward Looking Statements regarding EVR´s plans with respect to its mineral properties and programmes are forward-looking statements. There can be no assurance that EVR’s plans for development of its mineral properties will proceed as currently expected. There can also be no assurance that EVR will be able to confirm the presence of additional mineral resources, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of EVR’s mineral properties. The performance of EVR may be influenced by a number of factors which are outside the control of the Company and its Directors, staff, and contractors. These statements include, but are not limited to statements regarding future production, resources or reserves and exploration results. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of the company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined, (iii) the potential for delays in exploration or development activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi) other risks and uncertainties related to the company’s prospects, properties and business strategy. Our audience is cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Competent Person’s Statement

The information in this release that relates to Exploration Results is based on information compiled by Mr Baker Khudeira who is a Member of the Australian Institute of Mining and Metallurgy (MAusIMM Number 230652). Mr Khudeira is a consultant to EVR. Mr Khudeira has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Khudeira consents to the inclusion in this announcement of the matters based on information in the form and context in which it appears

Compliance Statement

This announcement contains information on the Christina Tungsten-Tin Project extracted from an ASX market announcements dated 21 September 2022 and 17 November 2022 and reported in accordance with the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” ("2012 JORC Code"). EVR confirms that it is not aware of any new information or data that materially affects the information included in the original ASX market announcement.

Table 1. Assay Results for 439 Samples from the Christina Project

Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 001 major vein from trench, with w -6.742668 33.194482 2500 19850
ZX 002 major vein from trench level, greyish quartz with w -6.742917 33.194553 490 23900
ZX 003 massive quartz vein, 130cm, traces of w -6.743308 33.194587 130 32
ZX 004 quartz vein, 40cm, finely disseminated w? -6.741815 33.194565 17 12
ZX 005 40cm wide corridor of quartz, granite, traces of w (2,5m distance from
ZX004)
-6.741811 33.194534 29 34
ZX 006 anastomosing quartz veins, 4-48cm, minor w -6.743372 33.194604 918 4730
ZX 007 quartz vein, traces of w -6.743678 33.194711 4150 593
ZX 008 quartz vein, 1cm -6.744520 33.194600 25 7
ZX 009 quartz vein, w -6.744955 33.195192 2950 21900
ZX 010 quartz vein, 1,5cm -6.745090 33.194380 25 21
ZX 011 quartz vein, traces of w -6.745950 33.195378 759 976
ZX 012 quartz, mica and fsp vein structure, not mineralised; crosscuted by
fracture (N40E)
-6.745278 33.194086 19 20
ZX 013 quartz vein, with w -6.746088 33.195635 153 14
ZX 014 grey quartz lens, up to 15cm, millimetric w -6.745227 33.194290 160 21100
ZX 015 quartz vein, traces of w -6.746634 33.195688 43 13
ZX 016 quartz vein, traces of w, corresponds to a system of veins of 1-10cm -6.745534 33.194494 3860 241
ZX 017 quartz vein, with w -6.746836 33.195416 2010 29900
ZX 018 quartz, muscovite and fsp vein, 5cm -6.745937 33.194595 31 19
ZX 019 quartz vein in granite -6.745178 33.194162 31 18
ZX 020 quartz vein in granite -6.745658 33.193993 41 29
ZX 021 quartz vein, with w -6.747281 33.195423 240 12250
ZX 022 brecciated grey quartz vein, up to 40cm, traces of millimetric w and
sch
-6.746979 33.195670 17 18
ZX 023 quartz vein, with w -6.747857 33.195453 7250 76000
ZX 024 grey-white quartz vein structure, 3-11cm, with geodes -6.747711 33.195760 38 27
ZX 025 quartz vein, traces of w -6.748469 33.195514 17 17
ZX 026 lenticular structure with quartz, mica and fsp, 2-3cm -6.748800 33.195694 28 16
ZX 027 quartz vein, traces of w -6.748330 33.195347 72 29
ZX 028 quartz vein, with granite breccia, 56cm -6.747723 33.195158 92 29
ZX 029 mineralised veins with quartz, oxidised -6.748750 33.195312 544 564
ZX 030 grey quartz vein, brecciated, with w and malachite, 34cm -6.747525 33.194942 571 708
ZX 031 faintly mineralised veins with quartz, oxidised -6.749125 33.195390 12 17
ZX 032 granitic host rock -6.747756 33.195227 17 6
ZX 033 granitic host rock -6.749117 33.195223 23 24
ZX 034 grey quartz vein, brecciated, with w and malachite, 34cm -6.747952 33.194966 2110 16850

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 035 faintly mineralised veins with quartz, oxidised -6.749536 33.195600 44 82
ZX 036 massive quartz vein, up to 10cm -6.748463 33.195006 32 11
ZX 037 mineralised veins with quartz, oxidised -6.750170 33.195862 240 2550
ZX 038 grey quartz vein, lenticular, 3-20cm -6.748609 33.194937 105 2620
ZX 039 quartz vein, 3-15cm, vein walls are are greisenised -6.749269 33.195009 445 42
ZX 040 quartz veins, traces of w, oxidised -6.749698 33.195130 20 30
ZX 041 2 quartz veins, traces of w, oxidised -6.749985 33.194893 23 4
ZX 042 grey quartz, oxidation -6.750442 33.195102 25 92
ZX 043 quartz veins, traces of w, oxidised -6.750036 33.195050 12 5
ZX 044 grey quartz, 5cm, croscuted by fault N170 -6.746815 33.194636 180 929
ZX 045 quartz vein, w -6.747567 33.194582 180 21200
ZX 046 grey quartz, 5cm -6.747145 33.194712 84 8
ZX 047 quartz veins, oxidation -6.748344 33.194492 3450 1855
ZX 048 quartz vein, 3cm -6.747662 33.194752 20 19
ZX 049 quartz veins, traces of oxidation -6.749888 33.194600 17 16
ZX 050 pegmatite with quartz, feldspar and micas, 4cm -6.745774 33.193527 15 3
ZX 051 quartz vein with traces of iron oxides -6.750133 33.194721 203 9
ZX 052 quartz, some w -6.746342 33.193578 104 249
ZX 053 quartz vein, traces of iron oxides -6.744718 33.193566 394 49
ZX 054 quartz vein, traces of cassiterite -6.746115 33.193548 7010 25
ZX 055 quartz vein with iron oxides -6.744905 33.193926 18 5
ZX 056 granitic host rock -6.746284 33.193621 15 2
ZX 057 quartz vein with iron oxides -6.745164 33.193467 282 8230
ZX 058 granitic host rock -6.746380 33.193511 16 9
ZX 059 quartz vein with iron oxides -6.747060 33.195480 25 17
ZX 060 quartz vein with iron oxides -6.744351 33.193109 57 17
ZX 061 quartz-iron oxides, tension gashes -6.745874 33.193624 505 938
ZX 062 quartz vein with iron oxides -6.743709 33.193288 15 4
ZX 063 granitic host rock -6.745874 33.193735 14 19
ZX 064 quartz, slight oxidation -6.745302 33.192648 724 188
ZX 065 granitic host rock -6.746115 33.193653 16 5
ZX 066 quartz vein with iron oxides -6.743156 33.192888 25 34
ZX 067 quartz vein with iron oxides -6.746426 33.193746 288 4
ZX 068 quartz vein with iron oxides -6.744647 33.192641 2930 1400
ZX 069 quartz vein with iron oxides -6.746094 33.193879 34 24
ZX 070 quartz vein with iron oxides -6.743780 33.192913 30 8
ZX 071 mineralized veins with quartz and oxidation -6.747180 33.194201 330 9190
ZX 072 granitic host rock -6.744149 33.193083 18 1
ZX 073 quartz vein with iron oxides -6.746743 33.193701 2380 1035
ZX 074 pegmatite with quartz, fsp and micas, 3cm -6.744025 33.192211 19 9
ZX 075 mineralized veins with quartz and oxidation -6.744046 33.192527 279 2580
ZX 076 quartz vein, 10cm, 4 m in length -6.743487 33.192048 3770 214
ZX 077 quartz vein with iron oxides -6.743518 33.192629 25 9
ZX 078 granitic host rock, cut by fractures (F1 : N70E; F2 : N30E) -6.743448 33.192469 23 8
ZX 079 quartz vein with iron oxides -6.742840 33.192538 27 45
ZX 080 grey quartz, w (5mm aggregate), 10cm -6.743381 33.192194 598 902
ZX 081 pegmatite with quartz, 10cm -6.743281 33.192780 43 5
ZX 082 quartz vein with iron oxides -6.746421 33.193273 17 8
ZX 083 granitic host rock -6.742805 33.192846 17 6

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 084 quartz vein with iron oxides -6.746920 33.193273 12 5
ZX 085 quartz, with iron oxidation, 20cm -6.747246 33.193245 59 32
ZX 086 grey quartz, traces of w, 2cm -6.747643 33.193149 21 30
ZX 087 quartz vein with iron oxides -6.747254 33.193597 342 34
ZX 088 grey quartz vein, 2cm, intersected by N-S fracture -6.748103 33.193192 17 16
ZX 089 mineralized veins with quartz and oxidation -6.747176 33.193539 19 187
ZX 090 granitic host rock -6.747783 33.193400 14 3
ZX 091 mineralized veins with quartz and oxidation -6.744030 33.196270 850 14
ZX 092 granitic host rock -6.748660 33.196070 16 6
ZX 093 quartz vein with iron oxides, 50cm -6.746064 33.197905 4 19
ZX 094 veins with iron oxides and indicatopn of w, 5cm -6.753334 33.200139 32 9
ZX 095 parallel veins of quartz, 3cm -6.754156 33.199262 41 52
ZX 096 parallel veins of quartz within brecciated granite of 5-10 cm -6.752330 33.200488 45 5
ZX 097 quartz vein, 6cm -6.752015 33.201159 3240 9010
ZX 098 major vein in trench, greyish quartz, traces of w -6.759325 33.198487 283 279
ZX 099 major quartz vein with iron oxidation -6.748748 33.200566 412 44
ZX 100 major quartz vein with iron oxidation, > 30cm -6.752078 33.197410 4 42
ZX 101 two quartz veins with iron oxidation, < 2cm -6.751006 33.197933 6 5
ZX 102 grey granite with muscovite and biotite -6.751490 33.197774 11 15
ZX 103 massive granite, two micas -6.749149 33.198691 20 10
ZX 104 quartz veins, 3-5cm, w -6.746496 33.200228 46 5030
ZX 105 quartz vein, w, granite -6.745233 33.200936 4030 74300
ZX 106 quartz vein, with malachite and iron oxides -6.745207 33.200921 1370 985
ZX 107 quartz micro vein -6.744199 33.200826 31 22
ZX 108 quartz vein with iron oxides, two-mica granite, indication of malachite -6.747685 33.198111 133 67
ZX 109 three grey quartz veins @ 2cm -6.750147 33.202116 20 19
ZX 110 quartz vein, 2-3cm, within granitic host rock -6.747965 33.201022 19 20
ZX 111 quartz vein, > 20cm -6.747586 33.200788 2 264
ZX 112 quartz vein, 1-3cm -6.747272 33.200796 84 39
ZX 113 quartz vein, 3-5cm, oxidised -6.748029 33.200900 45 37
ZX 114 two quartz veins, traces of w, in granite -6.748860 33.199054 11 187
ZX 115 major vein with grey quartz and w, 80cm -6.752778 33.198887 270 601
ZX 116 major quartz vein, w, 70 cm -6.753349 33.198946 2110 28400
ZX 117 quartz vein, 15cm -6.753854 33.198448 20 9
ZX 118 quartz vein, 4cm -6.754291 33.197460 168 20
ZX 119 quartz vein, 12cm -6.752872 33.197883 16 6
ZX 120 major vein with grey quartz and oxides, pyrite, 70cm -6.754448 33.201714 50 12750
ZX 121 quartz vein, 27cm -6.756435 33.200314 34 51
ZX 122 quartz vein, traces of w, 4-8cm -6.757215 33.199443 176 268
ZX 123 major vein, 60cm -6.756860 33.197746 4 2
ZX 124 massive quartz vein, 5cm -6.755570 33.197281 522 24
ZX 125 quartz vein, 7cm -6.756152 33.197230 32 86
ZX 126 massive quartz vein, w, 20cm -6.755256 33.199134 1170 11800
0
ZX 127 major vein in trench, w, 80cm -6.758174 33.197047 2390 13200
ZX 128 lens structure with grey quartz, up to 20cm -6.759620 33.197565 26 18
ZX 129 major vein, 100cm -6.760299 33.197761 31 17
ZX 130 quartz vein, oxidised, 12cm -6.756644 33.196435 48 14
ZX 131 quartz vein, 10cm, w, iron oxide -6.757104 33.195930 1845 7610
ZX 132 quartz vein, 12cm, iron oxide -6.757058 33.196175 411 458

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 133 micro-vein, 2cm, w, iron oxide -6.757510 33.196199 1455 9560
ZX 134 quartz vein, 10cm, iron oxide -6.757629 33.195971 40 36
ZX 135 quartz vein, 12cm, iron oxide -6.759213 33.195563 4 33
ZX 136 quartz vein, 7cm, iron oxide -6.759310 33.195675 10 11
ZX 137 micro-vein, 7cm, grey quartz, iron oxide -6.759474 33.196061 8 5
ZX 138 micro-vein, 7cm, grey quartz, iron oxide -6.757904 33.196403 305 560
ZX 139 Vein of 20 cm gray quartz and iron oxide -6.761137 33.192787 31 6
ZX 140 quartz vein, 30cm, w, iron oxide -6.754432 33.193068 3760 7160
ZX 141 granite -6.755741 33.193386 15 3
ZX 142 granite -6.755752 33.193413 15 5
ZX 143 micro-vein, 3cm, grey quartz, iron oxide -6.755769 33.193322 42 815
ZX 144 major vein with grey quartz, w and malachite, 50cm -6.758010 33.193232 91 5610
ZX 145 micro-vein with quartz and iron oxidation -6.752628 33.191348 4 11
ZX 146 micro-vein with quartz and iron oxidation -6.753256 33.191018 4 4
ZX 147 micro-vein with quartz and iron oxidation -6.754913 33.190037 6 12
ZX 148 corridor of micro veins, with quartz and iron oxidation -6.755087 33.190103 3 3
ZX 149 micro-vein with quartz and iron oxidation -6.754971 33.189951 52 5
ZX 150 micro-vein with quartz and iron oxidation -6.755324 33.189938 7 3
ZX 151 micro-vein with quartz and iron oxidation -6.756089 33.190071 16 6
ZX 152 major vein with grey quartz, w, 65cm -6.749541 33.193528 1440 15900
0
ZX 153 major vein with grey quartz, w, 50cm -6.752055 33.192106 597 5860
ZX 154 micro-vein with quartz and iron oxidation -6.753986 33.190669 2 6
ZX 155 micro-vein with quartz and iron oxidation -6.755697 33.189840 21 27
ZX 156 micro-vein with quartz and iron oxidation -6.756094 33.189297 28 84
ZX 157 major vein with grey quartz, w, 50cm -6.757621 33.186114 3410 15900
0
ZX 158 quartz veins, oxidised -6.758024 33.186938 80 56700
ZX 159 major vein with grey quartz, some w, 50cm -6.758935 33.187875 283 1920
ZX 160 major vein with grey quartz, traces of w, iron oxides, 60cm -6.745006 33.191595 23 62
ZX 161 micro-vein with quartz, w, 5cm, heavily veined within 3-5m -6.745907 33.191378 26 8700
ZX 162 major vein, network of micro-veins in granite, traces of w, iron oxides,
60cm
-6.742508 33.190990 91 22
ZX 163 micro-vein in coarse pink granite, 3cm -6.741961 33.191326 17 10
ZX 164 micro-vein, indication of w, 5-10cm, in tension gash -6.739445 33.193556 24 10
ZX 165 major vein, network of micro-veins in granite, iron oxides, corridor
width of 4m
-6.736465 33.193155 7 30
ZX 166 major vein, traces of w, iron oxides, 40cm -6.734147 33.193008 498 24
ZX 167 micro-vein filling, 3-5cm -6.731586 33.193644 8 20
ZX 168 major vein, 50cm -6.759567 33.188928 16 10
ZX 169 major vein, 50cm -6.762200 33.192730 222 15
ZX 170 quartz vein, with iron oxides -6.758986 33.190352 49 10
ZX 171 tension gash, with quartz, iron oxidation, w -6.758054 33.190379 12 1905
ZX 172 quartz vein, oxidised -6.756862 33.190465 14 6
ZX 173 quartz vein, oxidised -6.754294 33.189149 11 50
ZX 174 major vein, grey quartz, iron oxides, 10cm -6.751223 33.201097 75 10
ZX 175 micro quartz vein, with oxidation, 1,5cm -6.751362 33.201179 21 4
ZX 176 micro vein, with quartz and iron oxidation, 1cm -6.749850 33.200437 364 96
ZX 177 quartz vein, w, oxidised, malachite coating, 7cm -6.749490 33.200030 5220 12200
ZX 178 quartz vein, iron oxidation, 6cm -6.750200 33.201200 59 26
ZX 179 quartz vein, oxidised -6.750820 33.202430 26 8
ZX 180 major vein (#1), frequent traces of w, 65cm -6.737788 33.197780 1 2

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 181 major vein (#1), frequent traces of w, 50cm -6.736567 33.197054 1 4
ZX 182 major vein (#2), with brecciated quartz and pyrite and iron oxides,
70cm
-6.738037 33.196651 21 4
ZX 183 major vein (#2), with brecciated quartz and pyrite and iron oxides,
100cm
-6.735219 33.196022 9 5
ZX 184 major vein (#1), 50cm -6.735211 33.196379 2 15
ZX 185 granite between major veins #1 and #2 -6.735664 33.196675 15 3
ZX 186 granite between major veins #1 and #2 -6.734635 33.195787 14 2
ZX 187 major vein (#2) occurring as corridor of veins with quartz, pyrite and
iron oxides, 100cm
-6.733652 33.195823 19 4
ZX 188 micro-veins with pyrite and iron oxides, 15cm -6.753796 33.188564 9 12
ZX 189 quartz vein, 20cm -6.754468 33.188024 30 6
ZX 190 micro-veins, 3-10cm -6.754259 33.187532 25 8
ZX 191 major vein, iron oxides, 100cm -6.758917 33.194163 1 18
ZX 192 major vein, iron oxides, 40cm -6.761055 33.194265 73 35
ZX 193 quartz vein, iron oxides, 20cm -6.760363 33.195102 11 15
ZX 194 quartz vein, iron oxides, muscovite, 30cm -6.761237 33.196450 6 7
ZX 195 major vein, iron oxides, 100cm -6.760960 33.195556 1 7
ZX 196 corridor of veins, iron oxides, w and probably sch, 10cm -6.762471 33.195505 300 37200
ZX 197 corridor of veins, iron oxides, w, traces of malachite, 200cm -6.764518 33.195538 300 16100
ZX 198 major vein, iron oxides,w, 60cm -6.763344 33.194354 430 15100
ZX 199 quartz veins, iron oxides, 25cm -6.765200 33.193953 4 3
ZX 200 major vein, iron oxides, 80cm -6.763952 33.196438 63 4
ZX 201 major vein, iron oxides, 100cm -6.765960 33.196761 7 45
ZX 202 quartz vein, 3cm -6.754389 33.197252 89 112
ZX 203 quartz vein, 15cm -6.754666 33.197451 3 4
ZX 204 quartz vein, traces of iron oxide, w, 5cm -6.755696 33.199188 1360 24500
ZX 205 major vein, some w, 100cm -6.757181 33.196647 287 3660
ZX 206 quartz vein, 1-12cm -6.756872 33.197189 3 9
ZX 207 major vein, w, 60cm -6.756146 33.196941 1205 3880
ZX 208 quartz vein, w, 7-20cm -6.757816 33.195762 14050 6450
ZX 209 granitic host, 3m N of ZX208 -6.757813 33.195744 18 5
ZX 210 granitic host, 3m S of ZX208 -6.757820 33.195835 16 4
ZX 211 quartz vein, 5-10cm -6.758460 33.195603 3 26
ZX 212 quartz vein, traces of iron oxide, 15cm -6.752884 33.199137 23 4
ZX 213 major vein, 80cm, some sulphides -6.759622 33.193120 26 9
ZX 214 major vein, 70cm -6.760388 33.193299 135 60
ZX 215 major vein, 60cm, iron oxides -6.760983 33.193263 364 14
ZX 216 major vein, 50cm -6.761778 33.193078 3 44
ZX 217 major vein, white quartz, iron oxides -6.736441 33.190227 12 59
ZX 218 major vein, white quartz, iron oxides -6.735684 33.189536 7 4
ZX 219 major vein, white quartz, iron oxides -6.736028 33.188706 1055 55
ZX 220 major vein, white quartz, iron oxides -6.737319 33.188331 17 6
ZX 221 major vein, white quartz, iron oxides, dextral movement -6.737707 33.187734 28 5
ZX 222 major vein, white quartz, iron oxides -6.734337 33.188769 2 2
ZX 223 major vein, white quartz, iron oxides -6.733298 33.189693 10 14
ZX 224 major vein, white quartz, iron oxides -6.737502 33.189481 3200 16
ZX 225 micro-vein, 3cm, iron oxides -6.751133 33.186227 22 17
ZX 226 micro-vein, 3cm, rare w, iron oxides -6.750430 33.185769 25 342
ZX 227 quartz vein, 8-10cm, masive w, sulphides and iron oxides -6.751138 33.186015 290 21700
ZX 228 quartz vein, 10cm -6.752355 33.185221 63 21

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Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 229 major vein, brecciated quartz and iron oxides -6.754745 33.182675 12 9
ZX 230 quartz vein, large muscovite flakes and orthoclase clasts, 1m corridor
with multiple veins
-6.756245 33.182204 13 7
ZX 231 micro-vein, iron oxides -6.754993 33.181708 2 3
ZX 232 micro-vein, iron oxides -6.751875 33.181886 7 63
ZX 235 major vein, iron oxides, 60cm -6.767420 33.196886 2 16
ZX 236 cm-thick vein, 2-3cm -6.765473 33.198522 8 9
ZX 237 tension gash with quartz and traces of iron oxides, 15cm -6.765198 33.200413 1270 2130
ZX 238 quartz vein array, iron oxides, average 10cm -6.765058 33.200832 8 548
ZX 239 quartz vein, iron oxides, pyrite stains, w, 15cm -6.765223 33.201239 30 4560
ZX 240 quartz vein, iron oxides, w, intense hydrothermal alteration, 10cm -6.762991 33.200836 320 4470
ZX 241 quartz vein, iron oxides, w, intense hydrothermal alteration, 5cm -6.763570 33.200453 1790 332
ZX 242 network of quartz veins, iron oxides, 5cm average -6.764266 33.200971 3 3
ZX 243 quartz vein, traces of iron oxide, 10-20cm -6.753268 33.199336 138 26
ZX 244 anastomosing quartz veins, traces of w, 2-10cm -6.754052 33.199921 471 1055
ZX 245 quartz vein, 3-7cm -6.755148 33.199812 12 5
ZX 246 quartz vein, rare w, 10-15cm -6.755249 33.200975 30 1025
ZX 247 major vein, 35cm -6.755935 33.200509 17 22
ZX 248 major vein, 30cm -6.759986 33.199566 2 3
ZX 249 quartz vein, w, 4cm -6.760032 33.199784 616 5140
ZX 250 quartz vein, iron oxides, rare w, 10cm -6.760090 33.200812 135 102
ZX 251 quartz vein, feldspar clasts, w, 10cm -6.761138 33.201113 1330 21500
ZX 252 quartz vein, traces of iron oxides, some w, 1-8cm -6.761084 33.201504 82 764
ZX 253 major vein, 80cm, iron oxides -6.917475 32.899586 4 3
ZX 254 micro-vein, 6cm -6.740154 33.203102 8 7
ZX 255 micro-vein, 4cm, iron oxides -6.740735 33.204094 48 16
ZX 256 major vein, 50cm, iron oxides -6.739435 33.205022 1 2
ZX 257 micro-vein, 5cm, iron oxides -6.740807 33.205702 20 25
ZX 258 micro-vein, 7cm, iron oxides -6.743751 33.205864 29 12
ZX 259 micro-vein, 6cm, iron oxides -6.742865 33.203909 14 11
ZX 260 major vein, quartz Iron oxides -6.741219 33.202049 88 127
ZX 261 major vein, 30cm, iron oxides -6.740765 33.201968 36 14
ZX 262 micro-vein, 8cm, iron oxides -6.743916 33.202034 35 9
ZX 263 micro-vein network, tension gash, iron oxides, 60cm -6.753387 33.187545 15 6
ZX 264 quartz vein, iron oxides, w, 40cm -6.752773 33.187670 98 1570
ZX 265 micro-vein array, iron oxides, 20cm -6.751675 33.187140 161 189
ZX 266 major vein, forming a 3m wide coridor with micro-veins -6.751465 33.186288 27 491
ZX 267 micro-vein, 20cm -6.752114 33.186712 8 406
ZX 268 granite,coarse, pink -6.752111 33.186756 18 12
ZX 269 granite,coarse, pink -6.751999 33.186918 15 5
ZX 270 micro-veins in a fault coridor, 0,5m -6.742004 33.174568 6 3
ZX 271 major vein, high content of iron oxides, 0,8m -6.742474 33.172772 4 11
ZX 272 major vein, high content of Iron oxides, 0,7m -6.742111 33.171149 19 1205
ZX 273 quartz vein, iron oxidation, 2,5cm -6.750350 33.201670 21 6
ZX 274 major vein, 3-10cm -6.749790 33.200250 60 257
ZX 275 4 quartz veins @ 2cm -6.749570 33.200250 83 26
ZX 276 major vein, 8cm -6.748580 33.200160 92 32
ZX 277 major vein, w, 38cm -6.749280 33.200050 117 1815
ZX 278 quartz vein, iron oxides, granite -6.748480 33.200060 753 1655
ZX 279 micro-vein, in pink granite -6.749910 33.202300 17 19

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Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 280 major quartz vein, 300cm, no visible mineralisation -6.736111 33.172500 1 1
ZX 281 major vein, 50cm -6.736389 33.117222 1 6
ZX 282 major vein, 80cm -6.737500 33.173056 3 73
ZX 283 major vein, 50cm, rare w -6.737778 33.174167 1 912
ZX 284 micro-vein, 4cm, rare w -6.740000 33.175000 125 715
ZX 285 micro-vein, 3cm, in pink granite with high K feldspar content -6.739444 33.175833 34 6
ZX 286 major vein, 80cm -6.740833 33.176111 23 19
ZX 287 major vein, 20cm -6.741111 33.175278 21 9
ZX 288 quartz vein, 12cm, iron oxides -6.741667 33.175000 25 7
ZX 289 micro-vein, 4cm, rare w, iron oxides -6.738056 33.174444 1155 433
ZX 290 quartz vein, 40cm, iron oxides -6.736912 33.203347 12 6
ZX 291 quartz vein, 40cm, iron oxides -6.738216 33.205273 11 26
ZX 292 quartz vein, 30cm, iron oxides -6.739999 33.205743 1 4
ZX 293 micro-veins of 2-10cm, iron oxides -6.740706 33.206817 4 11
ZX 294 quartz vein, 12cm, iron oxides -6.742082 33.207037 1 2
ZX 295 micro-vein, 5cm, w, iron oxides -6.744477 33.204394 650 14950
ZX 296 quartz vein, 8cm, iron oxides -6.744319 33.203309 15 18
ZX 297 quartz vein, 8cm, w, sulphides and iron oxides -6.742508 33.200762 4310 8000
ZX 298 quartz vein, 15cm, w, iron oxides -6.740838 33.199831 8 5810
ZX 299 major vein, 100cm -6.738256 33.200107 72 260
ZX 300 micro-veins of 2cm, iron oxides -6.749131 33.185375 15 4
ZX 301 micro-veins of 2cm, iron oxides -6.748813 33.184858 134 12
ZX 302 micro-veins of 2-3cm, iron oxides -6.747790 33.183889 175 59
ZX 303 quartz vein, 30cm, w, iron oxides -6.746493 33.184126 189 1970
ZX 304 micro-vein, 3-9cm, w, chalcopyrite, azurite and iron oxides -6.747340 33.183053 264 4000
ZX 305 major vein, 180cm, massive w, iron oxides -6.748271 33.179430 2630 15900
0
ZX 306 quartz vein, 25cm, pyrite, chalcopyrite and iron oxides -6.744883 33.177249 663 94
ZX 307 major vein, 80cm, iron oxides -6.744042 33.177989 30 119
ZX 308 micro-vein, 2cm, iron oxides -6.747292 33.181480 690 92
ZX 309 micro-vein, 2cm, iron oxides -6.746516 33.181688 98 23
ZX 310 micro-vein, 5cm, K feldspar and iron oxides -6.744159 33.178783 10 6
ZX 311 micro-veins of 3-4cm, pyrite, chalcopyrite, azurite and iron oxides -6.745295 33.177388 32 54
ZX 312 quartz vein, 25cm, iron oxides -6.746670 33.175879 27 11
ZX 313 micro-veins, total of 45cm, iron oxides, cross-cutting each other,
sinistral
-6.748222 33.174172 22 14
ZX 314 major vein, 180cm, iron oxides -6.747977 33.172855 8 121
ZX 315 quartz vein, w, 25cm, iron oxides -6.750173 33.173065 465 3590
ZX 316 granite between 2 quartz veins -6.741982 33.171043 14 7
ZX 317 major vein, high content of iron oxides, 0,6m -6.741949 33.170333 574 75
ZX 318 major vein of quartz with high content of Iron oxides, 0,7m -6.745314 33.169805 1715 77
ZX 319 massive quartz next to contact with granite, less iron oxides -6.748245 33.169708 2 2
ZX 320 system of quartz veins, on average of 4cm, iron oxides -6.765477 33.201709 1 4
ZX 321 major vein, iron oxides, Intense hydrothermal alteration, 40cm -6.766519 33.201956 6 4
ZX 322 tension gash filled with grey quartz and iron oxides, 5cm, length of
gash 30cm
-6.767579 33.201594 4 8
ZX 323 major vein, iron oxides, Intense hydrothermal alteration, 100cm -6.768272 33.201685 6 3
ZX 324 major vein, malachite, iron oxides, intense hydrothermal alteration,
80cm
-6.769017 33.202193 343 26
ZX 325 tension gash filled with grey quartz and iron oxides, 15cm, length of
30cm
-6.769398 33.201269 15 3
ZX 326 granite host rock -6.764556 33.201630 16 4
ZX 327 granite host rock -6.763329 33.201487 22 9

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Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 328 quartz vein, w, iron oxides, 10cm -6.765805 33.203000 45 8390
ZX 329 large gash filled with grey quartz, w, hydrothermal alteration, 30cm,
length of 2,5 m
-6.766820 33.203101 27 8530
ZX 330 quartz vein, iron oxides, traces of dark mineral, 6cm -6.766567 33.203624 5 57
ZX 331 2 parallel quartz veins 15cm from each other, iron oxides, 10cm each
vein
-6.767169 33.203277 3 6
ZX 332 major vein, brecciated, iron oxides, 80cm -6.768180 33.203598 9 3
ZX 333 major vein, brecciated, iron oxides, 95cm -6.768718 33.203570 10 4
ZX 334 major vein, iron oxides, 100cm -6.769525 33.204331 30 5
ZX 335 major vein, fractured grey quartz, and brecciated iron oxides, 80cm -6.768163 33.204735 127 6
ZX 336 major vein, fractured grey quartz, and brecciated iron oxides, 80cm -6.767652 33.204690 124 27
ZX 337 major vein, hydrothermal alteration, 100cm -6.767482 33.203916 20 27
ZX 338 major vein, high content of iron oxides -6.750721 33.170039 6 10
ZX 339 sand with black mineral grains -6.748840 33.199053 17 11
ZX 340 major vein, iron oxides and some w, 30cm, -6.762154 33.200506 898 3730
ZX 341 major vein, iron oxides and rare w, 10cm, -6.762075 33.199421 10 214
ZX 342 quartz vein, w, 4cm -6.761687 33.198188 1455 1615
ZX 343 major vein, iron oxides, some w, 15-20cm -6.761269 33.197635 670 2830
ZX 344 major vein, white quartz, 4-6m -6.762444 33.196604 5 11
ZX 345 major vein, 2m -6.763623 33.196410 117 9
ZX 346 major vein, malachite, w, 15cm -6.762600 33.199005 3420 31700
ZX 347 major vein, 20cm -6.762912 33.199650 74 444
ZX 348 granite host rock -6.762829 33.200419 20 15
ZX 349 quartz vein, 8cm -6.761961 33.201268 19 1365
ZX 350 major vein, 50cm -6.762813 33.203177 3 9
ZX 351 quartz vein 3cm -6.763347 33.203886 14 12
ZX 352 quartz vein network of 2-3cm in microgranular granite -6.763559 33.204728 14 4
ZX 353 quartz vein, 4cm -6.764421 33.205649 9 6
ZX 354 quartz vein, black unidentified mineral, 8cm -6.764510 33.207438 12 6
ZX 355 major vein, oxides, malachite, 80cm -6.772020 33.210091 22 6
ZX 356 major vein with dark quartz, 50cm -6.773462 33.211216 6 3
ZX 357 3 veins of 10-15cm each -6.772508 33.211784 1 5
ZX 358 major vein, tectonised, oxides in pink granite -6.773095 33.214593 22 5
ZX 359 major vein with dark quartz, 1m -6.774627 33.211903 5 4
ZX 360 major vein, iron oxides, 400m length -6.740120 33.176240 28 12
ZX 361 major vein, 30cm -6.741220 33.176820 15 82
ZX 362 major vein, 2m, in pink granite -6.742450 33.177360 21 25
ZX 363 micro-vein,3-4cm, 2m in length -6.746640 33.176610 16 7
ZX 364 quartz vein, 3-4cm, 2m in length -6.747400 33.175420 16 4
ZX 365 quartz vein, 3-4cm, 2m in length -6.746550 33.175630 29 15
ZX 366 quartz vein, 2-4cm, 40m in length -6.745890 33.175520 27 7
ZX 367 quartz vein, 1-2cm, 10m in length -6.748420 33.203110 31 17
ZX 368 quartz vein, 2-20cm, 20m in length -6.747810 33.202790 714 814
ZX 369 4 quartz veins, 5cm each, iron oxides -6.743710 33.174650 86 13
ZX 370 quartz vein, iron oxides, w, 1-2cm, 10m in length -6.746580 33.202330 431 1525
ZX 371 quartz veins, iron oxides, w, 2-20cm, 5m in length -6.747390 33.202310 325 322
ZX 372 quartz veins, iron oxides, 2-4cm, 5m in length -6.748740 33.202210 19 18
ZX 373 quartz veins, iron oxides, <2cm, 10m in length -6.746530 33.201370 27 4
ZX 374 pink granite -6.755797 33.188530 22 11
ZX 375 two-mica granite -6.748855 33.172907 13 4

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Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX 376 major vein, iron oxides -6.748855 33.172907 54 439
ZX 410 quartz vein, 5cm, w traces -6,775634 33,224697 10 530
ZX 411 major vein, 15cm, iron oxides -6,774133 33,223148 2 4
ZX 412 major vein, 10cm, w traces -6,776979 33,223003 4 103
ZX 413 major vein, 10cm, rich in iron oxides -6.772690 33.221672 23 5
ZX 414 major vein, 20cm, rich in iron oxides -6.768264 33.222941 13 9
ZX 415 micro-vein, 6cm, black mineral grains and oxides -6.766240 33.215235 2 2
ZX 416 major vein, 40cm, ion oxides -6.773613 33.217851 7 6
ZX 417 intersection of N90E major vein (10cm) and minor vein (8cm) oriented
N50E
-6.779446 33.217680 12 26
ZX 418 quartz vein, 8cm -6.770537 33.212522 2 2
ZX 419 major vein, brecciated, 3m, black mineral grains and iron oxides -6.775798 33.213780 1 3
ZX 420 major vein, 12cm, black mineral grains, brecciated -6.771011 33.209723 3 12
ZX 421 major vein, 150cm, black mineral grains and iron oxides -6.765299 33.201699 1 2
ZX 422 major vein, 3m, black mineral grains, iron oxides, malachite traces -6.757143 33.206650 351 73
ZX 423 major vein, 12cm, w -6.755457 33.203717 1740 1205
ZX 424 major vein, 1m, abundant w, iron oxides, malachite traces -6.758466 33.201869 5480 34900
ZX 425 major vein, 1m, massive w -6.759260 33.198460 7210 15900
0
ZX 426 major vein, 80cm, w, iron oxides -6.758270 33.200124 410 36500
ZX 427 major vein, 60cm -6.757128 33.201187 42 22
ZX 428 major vein, 50cm, w, iron oxides -6.740836 33.199873 50 14700
0
ZX 429 major vein, 60cm, iron oxides -6.738289 33,199567 5 30
ZX 430 major vein, 12cm, oxides, minor scheelite -6.747485 33.182598 1 57
ZX 431 major vein, 1m, w, iron oxides -6.754869 33.180223 1240 8970
ZX 432 minor vein, 5cm -6.754869 33.180223 359 48
ZX 433 minor vein, 5cm, brecciated -6.765633 33.190761 6 12
ZX 434 major vein, 5cm, brecciated -6.762340 33.191810 659 63
ZX 435 minor vein, 5cm, brecciated -6.763670 33.192355 45 11
ZX 436 major vein, 5cm, brecciated -6.764369 33.192088 70 37
ZX 437 major vein, 12cm -6.792124 33.212602 6 10
ZX 438 quartz vein, 8cm -6.791157 33.211362 3 8
ZX 439 major vein, 12cm -6.792222 33.209935 443 15
ZX 440 quartz vein, 5cm -6.789157 33.212477 4 10
ZX 441 quartz vein, 4cm -6.787395 33.212489 5 5
ZX 442 major vein, 10cm -6.781785 33.215945 3 4
ZX 443 major vein, 50cm -6.782194 33.217869 3 6
ZX 444 major vein, 10cm -6.783863 33.218696 4 7
ZX/G01 quartz vein -6.752336 33.199047 126 67
ZX/G02 quartz vein -6.752336 33.199047 31 8
ZX/G03 quartz vein -6.752336 33.199047 29 18
ZX/G04 quartz vein -6.752336 33.199047 76 52
ZX/G05 quartz vein -6.752336 33.199047 16 7
ZX/G06 quartz vein -6.752336 33.199047 32 5
ZX/G07 quartz vein -6.752336 33.199047 82 63
ZX/G08 quartz vein -6.752336 33.199047 35 390
ZX/G09 quartz vein -6.752336 33.199047 50 15
ZX/G10 quartz vein -6.752336 33.199047 24 14
ZX/G11 quartz vein -6.752336 33.199047 48 873
ZX/G12 quartz vein -6.752336 33.199047 17 14

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Sample
No.
Description Easting Northing Sn W
w= wolframite; sch= scheelite; fsp= feldspar X Y ppm ppm
ZX/G13 quartz vein -6.752336 33.199047 680 45900
ZX/G14 quartz vein -6.752336 33.199047 343 2120
ZX/G15 quartz vein -6.752336 33.199047 325 6370
ZX/G16 quartz vein -6.752336 33.199047 890 42800
ZX/G17 quartz vein -6.752336 33.199047 41 362
ZX/G18 quartz vein -6.752336 33.199047 90 20000
ZX/G19 quartz vein -6.752336 33.199047 282 5290
ZX/G20 quartz vein -6.752336 33.199047 310 13250
ZX/G21 quartz vein -6.752336 33.199047 160 17050
ZX/G22 quartz vein -6.752336 33.199047 626 4260
ZX/G23 quartz vein -6.752336 33.199047 2740 2610
ZX/G24 quartz vein -6.752336 33.199047 117 123
ZX/G25 quartz vein -6.752336 33.199047 18 10
ZX/G26 quartz vein -6.752336 33.199047 16 7
ZX/G27 quartz vein -6.752336 33.199047 29 25
ZX/G28 quartz vein -6.752336 33.199047 51 58
ZX/G29 quartz vein -6.752336 33.199047 184 220
ZX/G30 quartz vein -6.752336 33.199047 37 36

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JORC Code, 2012 Edition – Table 1 report template

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques

Nature and quality of sampling (e.g., cut channels, random chips, or specific
specialised industry standard measurement tools appropriate to the minerals
under investigation, such as down hole gamma sondes, or handheld XRF
instruments, etc.). These examples should not be taken as limiting the broad
meaning of sampling.

Include reference to measures taken to ensure sample representivity and the
appropriate calibration of any measurement tools or systems used.

Aspects of the determination of mineralisation that are Material to the Public
Report.

In cases where ‘industry standard’ work has been done this would be
relatively simple (e.g., ‘reverse circulation drilling was used to obtain 1 m
samples from which 3 kg was pulverised to produce a 30 g charge for fire
assay’). In other cases, more explanation may be required, such as where
there is coarse gold that has inherent sampling problems. Unusual
commodities or mineralisation types (e.g., submarine nodules) may warrant
disclosure of detailed information.

A raw target mass of averaged 1.5 kg (1 – 2 kg) was taken from
the surface (fresh granite, quartz vein and veinlets), and from an
underground gallery (fresh granite, quartz vein)

Quartz vein material frequently with visible mineralization
(wolframite), granite and micro quartz veins from surface and
underground frequently without visible mineralisation
Drilling
techniques

Drill type (e.g., core, reverse circulation, open-hole hammer, rotary air blast,
auger, Bangka, sonic, etc.) and details (e.g., core diameter, triple or standard
tube, depth of diamond tails, face-sampling bit or other type, whether core is
_oriented and if so, by what method, etc.). _

No drilling was performed
Drill sample
recovery

Method of recording and assessing core and chip sample recoveries and
results assessed.

Measures taken to maximise sample recovery and ensure representative
nature of the samples.

Whether a relationship exists between sample recovery and grade and
whether sample bias may have occurred due to preferential loss/gain of
fine/coarse material.

No drilling was performed
Logging
Whether core and chip samples have been geologically and geotechnically
logged to a level of detail to support appropriate Mineral Resource estimation,
mining studies and metallurgical studies.

Whether logging is qualitative or quantitative in nature. Core (or costean,
_channel, etc.) photography. _

No drilling was performed

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Criteria JORC Code explanation Commentary

The total length andpercentage of the relevant intersections logged.
Sub-sampling
techniques and
sample
preparation

If core, whether cut or sawn and whether quarter, half or all core taken.

If non-core, whether riffled, tube sampled, rotary split, etc. and whether
sampled wet or dry.

For all sample types, the nature, quality and appropriateness of the sample
preparation technique.

Quality control procedures adopted for all sub-sampling stages to maximise
representivity of samples.

Measures taken to ensure that the sampling is representative of the in-situ
material collected, including for instance results for field duplicate/second-half
sampling.

Whether sample sizes are appropriate to the grain size of the material being
sampled.

Rock samples were dry

Comminution and preparation to sub-samples (pulps) was
conducted at SGS facility at Mohammedia in Morocco, using
SGS preparation method (PRP89)

Weight and dry sample

Crush entire sample to -2mm to 75%

Split around 220-250gr using riffle splitter

Pulverize the 220-250gr to 85% -75 microns

Ship of around 70-100gr to ALS Seville (Spain), where a
new QAQC control of pulps was performed by PUL-31 to
ascertain the minimum pulp size (pulverise total sample to
85% passing 75 micron)

Due to the early stage of exploration (sampling was done
reconnaissance style), control samples (standards, blanks and
both field and lab duplicates) were not inserted, However, both
ALS and SGS are internationally accredited and well-regarded
laboratories that apply internal QAQC procedures. ALS by default
introduces blanks, duplicates and standards during the execution
of the assaying programme

Sample size at Christina Project is believed to be broadly
appropriate and consistent with industry best-practice. But given
the high level of heterogeneity in tungsten mineralization in
quartz veins, the sample sizes used for assessment of W grades
in rock samples at Christina are too small and hence a reliable
assessment of the W grade is not possible
Quality of
assay data and
laboratory tests

The nature, quality and appropriateness of the assaying and laboratory
procedures used and whether the technique is considered partial or total.

For geophysical tools, spectrometers, handheld XRF instruments, etc., the
parameters used in determining the analysis including instrument make and
model, reading times, calibrations factors applied and their derivation, etc.

Nature of quality control procedures adopted (e.g., standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels of
accuracy (i.e., lack of bias) and precision have been established.

Assaying conducted by ALS Ireland

All 339 samples analysed by Lithium Borate Fusion ICP-MS (ME-
MS81)

Assay results in excess of 1% for W and Sn were re-assayed by
ME-XRF1 5b

Sample preparation process and analytical methods are standard
for W-Sn deposits worldwide

Standard quality procedures by ALS (standards, blanks,
duplicates)

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Criteria JORC Code explanation Commentary
Verification of
sampling and
assaying

The verification of significant intersections by either independent or
alternative company personnel.

The use of twinned holes.

Documentation of primary data, data entry procedures, data verification, data
storage (physical and electronic) protocols.

Discuss any adjustment to assay data.

No drilling was performed
Location of
data points

Accuracy and quality of surveys used to locate drill holes (collar and down-
hole surveys), trenches, mine workings and other locations used in Mineral
Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

Sample points recorded by GPS (NAVA F30)

Grid system: WGS-84
Data spacing
and distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient to establish the degree
of geological and grade continuity appropriate for the Mineral Resource and
Ore Reserve estimation procedure(s) and classifications applied.

Whether sample compositing has been applied.

The samples are reconnaissance in nature, and therefore
sampling spacing is very variable. Sample spacing over areas
with a high density of quartz veining is higher than over areas
with little quartz veining

The data is not suitable for use in mineral resource estimate
reporting and is not intended for such use
Orientation of
data in relation
to geological
structure

Whether the orientation of sampling achieves unbiased sampling of possible
structures and the extent to which this is known, considering the deposit type.

If the relationship between the drilling orientation and the orientation of key
mineralised structures is considered to have introduced a sampling bias, this
should be assessed and reported if material.

The samples are reconnaissance in nature and cover different
locations, so any biasing effect caused by orientation is yet to be
determined
Sample
security

The measures taken to ensure sample security.

Between sampling and time of delivery at SGS Mohammedia
samples were stored for two weeks at home of EV Resources
consultant Rachid El Moukhayar
Audits or
reviews

The results of any audits or reviews of sampling techniques and data.

No audits have been carried out at this point

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status

Type, reference name/number, location and ownership including agreements
or material issues with third parties such as joint ventures, partnerships,
overriding royalties, native title interests, historical sites, wilderness or
national park and environmental settings.

The security of the tenure held at the time of reporting along with any known
impediments to obtaining a licence to operate in the area.

Permit No. PR2137940, PR2137970 and PR1137830. The
licences are exploration licences, with an application for the
conversion of a portion to an exploitation licence

No material issues with third parties

The project area is located ca 120 km east of the coastal city of
Casablanca
Exploration
done by other
parties

Acknowledgment and appraisal of exploration by other parties.

There has been no previous conventional exploration
Geology
Deposit type, geological setting and style of mineralisation.

Hercynian vein-type mineralisation hosted in two-mica granite
Drill hole
Information

A summary of all information material to the understanding of the exploration
results including a tabulation of the following information for all Material drill
holes:
o easting and northing of the drill hole collar
o elevation or RL (Reduced Level – elevation above sea level in meters) of
the drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth
o hole length.

If the exclusion of this information is justified on the basis that the information
is not Material and this exclusion does not detract from the understanding of
the report, the Competent Person should clearly explain why this is the case.

No drilling was performed
Data
aggregation
methods

In reporting Exploration Results, weighting averaging techniques, maximum
and/or minimum grade truncations (e.g., cutting of high grades) and cut-off
grades are usually Material and should be stated.

Where aggregate intercepts incorporate short lengths of high-grade results
and longer lengths of low-grade results, the procedure used for such
aggregation should be stated and some typical examples of such
aggregations should be shown in detail.

No data aggregation methods were used in this announcement

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]

Criteria JORC Code explanation Commentary

The assumptions used for any reporting of metal equivalent values should be
_clearly stated. _
Relationship
between
mineralisation
widths and
intercept
lengths

These relationships are particularly important in the reporting of Exploration
Results.

If the geometry of the mineralisation with respect to the drill hole angle is
known, its nature should be reported.

If it is not known and only the down hole lengths are reported, there should
be a clear statement to this effect (e.g., ‘down hole length, true width not
_known’). _

No drilling was performed
Diagrams
Appropriate maps and sections (with scales) and tabulations of intercepts
should be included for any significant discovery being reported. These should
include, but not be limited to a plan view of drill hole collar locations and
_appropriate sectional views. _

No drilling was performed
Balanced
reporting

Where comprehensive reporting of all Exploration Results is not practicable,
representative reporting of both low and high grades and/or widths should be
_practiced to avoid misleading reporting of Exploration Results. _

All assay results (and QA/QC) of this campaign are reported in
ALS Report 13 February 2023
Other
substantive
exploration
data

Other exploration data, if meaningful and material, should be reported
including (but not limited to): geological observations; geophysical survey
results; geochemical survey results; bulk samples – size and method of
treatment; metallurgical test results; bulk density, groundwater, geotechnical
and rock characteristics; potential deleterious or contaminating substances.

No information available on metallurgy, ground water, bulk
density, or rock stability
Further work
The nature and scale of planned further work (e.g., tests for lateral extensions
or depth extensions or large-scale step-out drilling).

Diagrams clearly highlighting the areas of possible extensions, including the
main geological interpretations and future drilling areas, provided this
information is not commercially sensitive.

An initial reconnaissance-style diamond drilling programme of
2,500m has been planned in areas with high assay values and
with a high density of quartz veining, and is waiting for execution
during Q2 2023

Further synthesise results of geological and structural mapping
campaign, e.g., wolframite mineralisation in quartz veins and
micro veins away from well-known areas of historical mining

evresources.com.au

311-313 Hay St Subiaco, Western Australia 6008 +61 (0) 8 6489 0600 [email protected]